Cattle graze in a field outside of North English, Iowa, Sept. 13, 2017. USDA Photo by Preston KeresThe U.S. Securities and Exchange Commission (SEC) announced Friday a temporary restraining order, asset freeze, and other emergency relief to stop an ongoing $191 million cattle Ponzi scheme. The scheme comes from a Fort Worth, Texas-based company, Agridime LLC, which claims services related to meat sales, distribution and animal supply chain management.

The SEC says the defendants diverted millions of dollars of investor funds to make Ponzi payments and pay undisclosed sales commissions to themselves and others. The defendants lured investors by promising 15-32% returns without having to do the actual work of raising cattle. The SEC is charging the defendants with violating the antifraud and registration provisions of the federal securities laws.

Read more on the Texas-based Ponzi scheme here.